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To the moon: the future of money

How Nigerians use Bitcoin

Team Luno
4 Apr 2017•
1 minute read

Over the past few months, Bitcoin adoption in Nigeria has increased dramatically. Not only does the African country top Google Trends charts for Bitcoin-related searches, but wallet downloads and trading volumes are also growing exponentially.

As the virtual currency continues to gain ground, we asked our Nigerian customers: how do you view Bitcoin and what do you do with it?

Below are the results in an infographic on how often they use their Bitcoin wallets, if they use it more as a payments system or an investment tool, whether they trust it or not and what they think the Bitcoin price will be over time.

Team Luno

The Luno blog conveys the views of Luno and the people within our team. We will never provide financial or any other form of advice. We urge you to conduct your own research before purchasing or trading any cryptocurrencies. Always be aware of the sometimes volatile nature of the market, and never trade with funds that you cannot afford to lose.

It’s never too late to get started.Buy, store and learn about Bitcoin and Ethereum now.